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apartment in madinaty compound prevado area 83 ground floor + garden 2beds+2bath ready to move
apartment for sale
in madinaty
compound prevado
area 85 meter
2 beds+2 bath ground floor + garden
view on lakes
ready to move
Madinaty is being built over an area of 3,200 hectares (8,000 acres), with a total budget of E£800 billion.
In 2016, around 3900 residential units were sold in Madinaty by the Ministry of Housing.
Madinaty has wide streets and the city is designed in terms of sub-compounds where each sub-compound has its facilities in terms of supermarkets, a mosque, an outpatient clinic, and public parks for children to play in and families
The second largest shareholder is the Saudi Bin Laden family, famous for their large construction interests in their home country through the Saudi Binladen Group. In Egypt, brothers Yehia and Omar Bin Laden have various real estate investments, owning 17% of TMGH through their 40% stake in TMG for Real Estate and Touristic Investments SAE. The third largest shareholder is another Saudi family, that of Abdelmoniem Alrashed, owning 7% of the group through the UAE based company, Rimco EGT Investment LLC. The remaining identifiable owners are mostly investment funds, led by the Norges Bank who owned 3.3% of TMGH’s shares in 2021. .
Madinaty has malls with various shops including restaurants like Open Air Mall, East Hub, Craft zone, The Strip, All Seasons Park. Another food court called South Park with dozens of restaurants
in madinaty
compound prevado
area 85 meter
2 beds+2 bath ground floor + garden
view on lakes
ready to move
Madinaty is being built over an area of 3,200 hectares (8,000 acres), with a total budget of E£800 billion.
In 2016, around 3900 residential units were sold in Madinaty by the Ministry of Housing.
Madinaty has wide streets and the city is designed in terms of sub-compounds where each sub-compound has its facilities in terms of supermarkets, a mosque, an outpatient clinic, and public parks for children to play in and families
The second largest shareholder is the Saudi Bin Laden family, famous for their large construction interests in their home country through the Saudi Binladen Group. In Egypt, brothers Yehia and Omar Bin Laden have various real estate investments, owning 17% of TMGH through their 40% stake in TMG for Real Estate and Touristic Investments SAE. The third largest shareholder is another Saudi family, that of Abdelmoniem Alrashed, owning 7% of the group through the UAE based company, Rimco EGT Investment LLC. The remaining identifiable owners are mostly investment funds, led by the Norges Bank who owned 3.3% of TMGH’s shares in 2021. .
Madinaty has malls with various shops including restaurants like Open Air Mall, East Hub, Craft zone, The Strip, All Seasons Park. Another food court called South Park with dozens of restaurants
Property Information
- TypeApartment
- PurposeFor Sale
- Reference no.Bayut - 9106-Hv3Pyp
- CompletionReady
- FurnishingUnfurnished
- Added on11 November 2024
- OwnershipResale
Features / Amenities
Swimming Pool
Jacuzzi
Sauna
Steam Room
+ 13 more amenities
Mortgage
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks